Ventas, Inc. (NYSE:VTR) – Equities researchers at Jefferies Group decreased their Q2 2018 earnings estimates for Ventas in a report released on Thursday, April 5th. Jefferies Group analyst O. Okusanya now expects that the real estate investment trust will earn $0.99 per share for the quarter, down from their prior forecast of $1.00. Jefferies Group currently has a “Hold” rating and a $54.00 target price on the stock. Jefferies Group also issued estimates for Ventas’ Q3 2018 earnings at $0.98 EPS, FY2018 earnings at $3.93 EPS, FY2019 earnings at $4.01 EPS and FY2020 earnings at $4.12 EPS.
A number of other equities analysts also recently issued reports on VTR. Stifel Nicolaus set a $56.00 price target on shares of Ventas and gave the stock a “hold” rating in a research note on Friday, February 9th. Citigroup decreased their price target on shares of Ventas from $66.00 to $52.00 and set a “neutral” rating for the company in a research note on Tuesday, February 13th. Wells Fargo set a $54.00 price target on shares of Ventas and gave the stock a “hold” rating in a research note on Tuesday, February 13th. Mizuho set a $53.00 price target on shares of Ventas and gave the stock a “hold” rating in a research note on Friday, February 9th. Finally, BMO Capital Markets reissued a “sell” rating and issued a $51.00 price target on shares of Ventas in a research note on Tuesday, March 27th. Six investment analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company. Ventas currently has a consensus rating of “Hold” and a consensus target price of $57.92.
Shares of NYSE:VTR opened at $50.42 on Friday. The stock has a market cap of $17,923.28, a PE ratio of 12.12, a PEG ratio of 3.27 and a beta of 0.09. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.03. Ventas has a 12 month low of $47.80 and a 12 month high of $72.36.
Ventas (NYSE:VTR) last issued its quarterly earnings data on Friday, February 9th. The real estate investment trust reported $1.03 EPS for the quarter, meeting the consensus estimate of $1.03. The firm had revenue of $895.30 million during the quarter, compared to the consensus estimate of $895.92 million. Ventas had a net margin of 37.95% and a return on equity of 5.99%. The company’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.58 earnings per share.
Several large investors have recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Ventas by 8.4% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 91,722 shares of the real estate investment trust’s stock valued at $5,504,000 after buying an additional 7,105 shares during the last quarter. Certified Advisory Corp purchased a new stake in Ventas in the fourth quarter worth approximately $102,000. Xact Kapitalforvaltning AB boosted its holdings in Ventas by 7.5% in the fourth quarter. Xact Kapitalforvaltning AB now owns 67,987 shares of the real estate investment trust’s stock worth $4,080,000 after purchasing an additional 4,721 shares during the last quarter. Sawtooth Solutions LLC boosted its holdings in Ventas by 91.7% in the fourth quarter. Sawtooth Solutions LLC now owns 11,327 shares of the real estate investment trust’s stock worth $680,000 after purchasing an additional 5,417 shares during the last quarter. Finally, Wealthsource Partners LLC purchased a new stake in Ventas in the fourth quarter worth approximately $325,000. Hedge funds and other institutional investors own 88.78% of the company’s stock.
The company also recently declared a quarterly dividend, which will be paid on Thursday, April 12th. Stockholders of record on Monday, April 2nd will be issued a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a dividend yield of 6.27%. The ex-dividend date is Thursday, March 29th. Ventas’s payout ratio is 75.96%.
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Ventas Company Profile
Ventas, Inc is a real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and office operations. Under its triple-net leased properties segment, the Company invests in and owns seniors housing and healthcare properties throughout the United States and the United Kingdom and leases those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses.
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